Revere OKs 20-Year Solar Savings Deal For Low-Income
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Description
The City of Revere approved a 20-year agreement with Parallel Products Solar Energy, LLC to deliver low-income residents approximately $800,000 per year in electricity bill credits through the Revere Power Choice program. The City assumes no direct financial liability, serving primarily to administer eligibility and ensure credits are applied.
Contract Details
Vendor
PARALLEL PRODUCTS SOLAR ENERGY LLC
Agency
City of Revere, MA
Contract Type
UTILITIES
Document Date
April 27, 2026
Contract Term
20 years
Renewal Info
Initial term of 20 years under the SMART 3.0 program; agreement may terminate if the City exits the municipal aggregation program, with no penalty for opting out.
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